Greenbrier Companies (NYSE:GBX) was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a research report issued on Wednesday.
Other analysts have also recently issued reports about the stock. Zacks Investment Research cut shares of Greenbrier Companies from a “buy” rating to a “hold” rating in a report on Monday. Stifel Nicolaus set a $55.00 target price on shares of Greenbrier Companies and gave the company a “buy” rating in a report on Friday, February 9th. Finally, Seaport Global Securities assumed coverage on shares of Greenbrier Companies in a report on Thursday, January 4th. They set a “buy” rating and a $65.00 target price for the company. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Greenbrier Companies currently has an average rating of “Buy” and an average price target of $58.00.
Greenbrier Companies (NYSE GBX) traded down $0.25 on Wednesday, hitting $51.40. 362,495 shares of the stock traded hands, compared to its average volume of 402,756. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.96 and a quick ratio of 2.04. Greenbrier Companies has a 1 year low of $40.45 and a 1 year high of $54.45. The stock has a market capitalization of $1,480.00, a PE ratio of 13.93, a price-to-earnings-growth ratio of 1.31 and a beta of 1.57.
In other Greenbrier Companies news, EVP Alejandro Centurion sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $52.00, for a total transaction of $260,000.00. Following the completion of the sale, the executive vice president now directly owns 13,523 shares of the company’s stock, valued at $703,196. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 2.46% of the stock is currently owned by corporate insiders.
Several institutional investors and hedge funds have recently bought and sold shares of GBX. Renaissance Technologies LLC boosted its position in shares of Greenbrier Companies by 128.7% in the fourth quarter. Renaissance Technologies LLC now owns 626,000 shares of the transportation company’s stock worth $33,366,000 after purchasing an additional 352,301 shares during the period. Point72 Asset Management L.P. boosted its position in shares of Greenbrier Companies by 157.9% in the third quarter. Point72 Asset Management L.P. now owns 469,966 shares of the transportation company’s stock worth $22,629,000 after purchasing an additional 287,736 shares during the period. Deutsche Bank AG boosted its position in shares of Greenbrier Companies by 137.0% in the fourth quarter. Deutsche Bank AG now owns 483,995 shares of the transportation company’s stock worth $25,795,000 after purchasing an additional 279,749 shares during the period. Dalton Greiner Hartman Maher & Co. boosted its position in shares of Greenbrier Companies by 40.8% in the fourth quarter. Dalton Greiner Hartman Maher & Co. now owns 541,113 shares of the transportation company’s stock worth $28,841,000 after purchasing an additional 156,742 shares during the period. Finally, LSV Asset Management boosted its position in shares of Greenbrier Companies by 33.9% in the fourth quarter. LSV Asset Management now owns 581,427 shares of the transportation company’s stock worth $30,990,000 after purchasing an additional 147,300 shares during the period.
About Greenbrier Companies
The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.
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